ICYMI: Check out our Operations Data-Sharing report in collaboration with @CoalitionGrnwch, revealing how millions are spent on legacy data sharing methods, exposing capital markets firms to operational and regulatory risks.
Download β‘οΈ https://t.co/CEMcmPh3mX
@Axoni was named "Most Innovative North American Data Management Provider" in the @DataMgmtInsight Awards USA 2024, which acknowledge leading data mgmt solutions, services & consultancy to cap markets participants across the US.
Thanks to all who voted!
https://t.co/wtkOa5xGxi
The use of FTP/SFTP & email to share bulk data, typically once a day at close of trading, is a longstanding capital markets problem, w/ 90% of respondents viewing periodic batch reports as problematic, accd to our study conducted with @CoalitionGrnwch.
https://t.co/R9hafX2lUs
Following the sale of our Veris post-trade technology business for equity swaps to @LSEGplc, our CEO @GSchvey sat down w/ @TradingTechIns to discuss what's next for @axoni and our future plans to solve the data coordination problem in capital markets.
https://t.co/St2Ca0KIte
@Axoni is excited to announce the sale of our Veris post-trade processing business and related IP to @LSEGplc.
Veris customers will continue to leverage HYDRA, Axoni's data platform to replicate data in real time between institutions.
https://t.co/wFXZgnCgj4
We have rebranded our data replication software to HYDRA, giving clients greater flexibility in distributing their data to end users and lowering the cost of keeping databases updated.
Read more in @datamgmtinsight: https://t.co/OvYHS7mYiZ
We're thrilled to announce the rebrand of @axoni's data platform, HYDRA, which marks a significant milestone in Axoni's product evolution, symbolizing resilience, versatility and adaptability. π₯
Read more: https://t.co/AetQJZk6GH
CDM adoption can reduce the burden of reconciliation & lower risk of mismatches or settlement failure caused by inconsistency in data field use.
@axoni SVP, Solutions, Ishan Singh believes it can be a potential game-changer for post-trade processes.
https://t.co/jISQ5ngcrR
Don't forget to cast your votes in this year's @RegTechInsight Insight Awards USA 2024, as we were nominated in the following categories:
π Best Operational Risk Solution
π Best Solution for Operational Resilience
https://t.co/xJiLa1GxQX
Thank you for your continued support
Our data platform's recent product update, Snapshot Sync, enables rapid onboarding of consumer nodes, streamlining the process for an existing data consumer to re-hydrate from a source database, featuring 15x quicker onboarding for new consumer nodes.
https://t.co/j884pb7cMa
How large is the broken data problem, leading to a backlog of reconciliations? $300M+ per year for equity swaps
Our SVP Solutions, Ishan Singh examines the causes of post-trade data challenges & how EOD reporting is exacerbating the issue.
https://t.co/dXo5OhWXFn
Our CEO @GSchvey speaks to @TabbFORUM about Wall Street's bad data problem, costing billions per year.
"...moving data between companies & systems is filled with issues & that impacts the timeliness & quality of data, particularly in post-trade."
https://t.co/NQy55K65ZM
We're pleased to announce that @axoni has been shortlisted in 2 categories in the @RegTechInsight USA Awards by @ATeamInsight for "Best Operational Risk Solution" and "Best Solution for Operational Resilience." π
Vote here: https://t.co/MSXzQTobJ5
@axoni SVP, Solutions Ishan Singh, explains the history and use-cases of common data-sharing methods like SFTP, APIs and SaaS data warehouses, emphasizing the need for continued innovation in data sharing tools in this @TabbFORUM article:
https://t.co/kYg3bWylEh
Our CEO @GSchvey delves into our evolution as we've combined the βvaluable partsβ of DLTβnamely, its principles, rather than its techβ with more familiar tech components like software & database tech to solve capital markets' data synchronization problem.
https://t.co/wkFtx3eAak
π’ Don't forget to vote for @axoni for the @DataMgmtInsight Awards USA:
π "Most Innovative North American Data Management Provider"
π "Best Sell-Side Data Management Platform"
π "Best Buy-Side Data Management Platform"
Vote here:
https://t.co/O1BOOlfQg9
Check out the latest interview from our client @OptionsClearing's Head of Securities Finance, Oberon Knapp, as he talks about Ovation, its next-gen platform offering near real-time insight into clearing activity, built in the cloud
https://t.co/erBXON0yw0
Senior Director, Business Lead at @axoni, @gnyaksoy
shares tips on landing a dream fintech job, recommending to "bullet point your contribution within a project rather than detail it step by step, since most people omit their personal mission..."
https://t.co/id8LbPiXPy
Capital firms spend tens of billions of dollars addressing inaccurate, mismatched, or outright missing data.
Operations consume ~20% of global banksβ $1.4T budgets & accd to Broadridge, 30-40% of back-office costs are spent on reconciliation processes.
https://t.co/l3Mhlybqpj